Fifth Wall's Climate Technology Fund focuses on the full life cycle of buildings starting with clean raw materials and the use of modular construction and 3D printing in the development and construction phase. Credit: D-Krab/Shutterstock.com. First City Votes to Decarbonize All Buildings by 2030, as CRE Industry Likely to Spend Trillions on Green Energy
The CRE industry will likely spend between $18 trillion and $36 trillion to decarbonize over the next two decades, according to Fifth Wall's Greg Smithies.
November 05, 2021 at 06:40 AM
3 minute read
Real Estate News
The original version of this story was published on Law.com
The city of Ithaca, New York has voted to decarbonize all of its real estate with an eye toward becoming 100% carbon neutral by 2030.
The aggressive initiative is part of the city's Green New Deal, widely regarded as one of the most progressive such plans in the US. Ithaca's common council members voted Wednesday to allow the city's mayor to contract with Brooklyn-based climate tech firm BlocPower to kick-start the plan.
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J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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